Giorgio Fagiolo

Giorgio Fagiolo

Journal Articles


  1. Duenas, M., Mastrandrea, R., Barigozzi, M. and Fagiolo, G. (2017), “Spatio-Temporal Patterns of the International Merger and Acquisition Network”, Scientific Reports 7, doi:10.1038/s41598-017-10779-z.

  2. Fagiolo, G. and Roventini, A. (2017), “Macroeconomic Policy in DSGE and Agent-Based Models Redux: New Developments and Challenges Ahead”, Journal of Artificial Societies and Social Simulations (JASSS), 20 (1) 1.

  3. Molinari, M., Giannangeli, S., and Fagiolo, G. (2016), “Financial Structure and Corporate Growth: Evidence from Italian Panel Data”, Economic Notes, 45: 303-325.

  4. Fagiolo, G. and Santoni, G. (2016), “Revisiting the role of migrant social networks as determinants of international migration flows”, Applied Economics Letters, 23: 188-193.

  5. Jacob Leal, S., Napoletano, M., Roventini, A., and Fagiolo G. (2016), "Rock Around the Clock: An Agent-Based Model of Low- and High-Frequency Trading", Journal of Evolutionary Economics, 26: 49-76.

  6. Mastrorillo, M., Licker, R., Bohra-Mishra, P., Fagiolo, G., Estes, L.D., and Oppenheimer, M. (2016), “The influence of climate variability on internal migration flows in South Africa”, Global Environmental Change, 39: 155-169.

  7. Ferraresi, T., Roventini, A. and Fagiolo G. (2015), “Fiscal Policies and Credit Regimes: A TVAR Approach”, Journal of Applied Econometrics, 30: 1047-1072.

  8. Fagiolo, G. and Santoni, G. (2015), “Human-Mobility Networks, Country Income, and Labor Productivity”, Network Science, 3: 377-407.

  9. Mastrorillo, M. and Fagiolo, G. (2015), “International Migration and School Enrollment of the Left-Behinds in Albania: A Note”, Eastern European Economics, 53: 242-254.

  10. Ascari, G., Fagiolo, G., Roventini, A. (2015), “A Note on Fat Tail Distributions and Business Cycle Models”, Macroeconomic Dynamics, 19: 465-476.

  11. Dosi, G. Fagiolo, G, Napoletano, M. Roventini, A. and Treibich, T. (2015), “Fiscal and Monetary Policies in Complex Evolving Economies”, Journal of Economic Dynamics and Control, 52: 166-189.

  12. Alatriste Contreras, M.G. and Fagiolo, G. (2014), “Propagation of Economic Shocks in Input-Output Networks: A Cross-Country Analysis, Physical Review E, 90: 062812. Article covered as: “Focus: Heavily Interconnected Economies Are Vulnerable to Shocks” by Tamela Maciel, Physics 7, 130 (2014).

  13. Mastrandrea, R., Squartini, T., Fagiolo, G., Garlaschelli, D. (2014), “Reconstructing the world trade multiplex: The role of intensive and extensive biases”, Physical Review E,  90, 062804.

  14. Duenas, Marco and Fagiolo, Giorgio (2014), “Global Trade Imbalances: A Network Approach”, Advances in Complex Systems, 17: 1450014 (29 pages).

  15. Fagiolo, G. and Mastrorillo, M. (2014) “Does Human Migration Affect International Trade? A Complex-Network Perspective”, PLoS ONE 9(5): e97331.

  16. Mastrandrea, R., Squartini, T., Fagiolo, G. and Garlaschelli D. (2014), “Enhanced network reconstruction from irreducible local information”, New Journal of Physics, 16: 043022.

  17. Vitali, S., Napoletano, M. and Fagiolo, G. (2013) "Spatial Localization in Manufacturing: A Cross-Country Analysis", Regional Studies, 47:1534-1554.

  18. Fagiolo, G. and Mastrorillo, M. (2013), “International migration network: Topology and modeling”, Physical Review E, 88, 012812.

  19. Dosi, G., Fagiolo, G., Napoletano, M. and Roventini, A. (2013), “Income Distribution, Credit and Fiscal Policies in an Agent-Based Keynesian Model”, Journal of Economic Dynamics and Control, 37: 1598-1625.

  20. Chinazzi, M., Fagiolo, G., Reyes, J. and Schiavo, S. (2013), “Post-Mortem Examination of the International Financial Network”, Journal of Economic Dynamics and Control, 37: 1692-1713.

  21. M.D. Gerst, P. Wanga, A. Roventini, G. Fagiolo, G. Dosi, R.B. Howarth, M.E. Borsuk (2013), “Agent-based modeling of climate policy: An introduction to the ENGAGE multi-level model  framework”, Environmental Modeling and Software, 44: 62-75.

  22. Duenas, M. and Fagiolo, G. (2013), “Modeling the International-Trade Network: A Gravity Approach”, Journal of Economic Interaction and Coordination, 8: 155-178.

  23. Squartini,T., Fagiolo, G. and Garlaschelli, D. (2013), “Null Models of Economic Networks: The Case of the World Trade Web”, Journal of Economic Interaction and Coordination, 8: 75-107.

  24. Fagiolo, G. and Roventini, A. (2012), " Macroeconomic policy in DSGE and agent-based models”, Revue de l’OFCE, 124: 67-116. [Get a PDF version]

  25. Napoletano, M., Dosi G., Fagiolo, G. and Roventini, A. (2012), “Wage Formation, Investment Behavior and Growth Regimes: An Agent-Based Analysis”, Revue de l’OFCE, 124: 235-262. [Get a PDF version]

  26. Fagiolo, G. and Roventini, A. (2012), "On the Scientific Status of Economic Policy: A Tale of Alternative Paradigms", Knowledge Engineering Review, 27: 163-185.

  27. Barigozzi, M., Alessi, L., Capasso, M. and Fagiolo, G. (2012), "The Distribution of Consumption-Expenditure Budget Shares. Evidence from Italian Households", Structural Change and Economic Dynamics, 23: 69–91.

  28. Squartini,T., Fagiolo, G. and Garlaschelli, D. (2011), “Randomizing World Trade. Part I: A Binary Network Analysis”, Physical Review E, 84, 046117.

  29. Squartini,T., Fagiolo, G. and Garlaschelli, D. (2011), “Randomizing World Trade. Part II: A Weighted Network Analysis”, Physical Review E, 84, 046118 .

  30. Barigozzi, M., Fagiolo, G. and Mangioni, G. (2011), “Identifying the Community Structure of the International-Trade Multi Network”, Physica A, 390: 2051-2066.

  31. Dosi, G., Fagiolo, G. and Roventini, A. (2010), "Schumpeter Meeting Keynes: A Policy-Friendly Model of Endogenous Growth and Business Cycles", Journal of Economics Dynamics and Control, 34: 1748–1767.

  32. Fagiolo, G., Reyes, J. and Schiavo, S. (2010), "The Evolution of the World Trade Web", Journal of Evolutionary Economics, 20: 479-514.

  33. Reyes, J., Schiavo, S. and Fagiolo, G. (2010), "Using Complex Networks Analysis to Assess the Evolution of International Economic Integration: the Cases of East Asia and Latin America, Journal of International Trade and Economic Development, 19: 215-239.

  34. Barigozzi, M., Fagiolo, G. and Garlaschelli, D. (2010), "The Multi-Network of International Trade: A Commodity-Specific Analysis", Physical Review E, 81, 046104.

  35. Fagiolo, G. (2010), "The International-Trade Network: Gravity Equations and Topological Properties", Journal of Economic Interaction and Coordination, 5:1-25.

  36. Schiavo, S., Reyes, J. and Fagiolo, G. (2010), "International Trade and Financial Integration: A Weighted Network Analysis", Quantitative Finance, 10: 389–399.

  37. Fagiolo, G., Alessi, L., Barigozzi, M. and Capasso, M. (2010), "On the distributional properties of household consumption expenditures. The case of Italy", Empirical Economics, 38:717-741.

  38. Fagiolo, G., Napoletano, M., Roventini, A. and Piazza, M. (2009), "Detrending and the Distributional Properties of U.S. Output Time Series", Economics Bulletin, 29, 4.

  39. Schweitzer, F., Fagiolo, G., Sornette, D., Vega-Redondo, F., Vespignani, A., White, D.R. (2009), "Economic Networks: The New Challenges", Science, 24 July 2009, Vol. 325, No. 5939, pp. 422-425.

  40. Schweitzer, F., Fagiolo, G., Sornette, D., Vega-Redondo, F., White, D.R. (2009), "Economic Networks: What do we know and what do we need to know?", Advances in Complex Systems, 12:407-4022.

  41. Fagiolo, G. and Roventini, A. (2009), "On the Scientific Status of Economic Policy: A Tale of Alternative Paradigms", published in Russian as "O nauchnom statuse economicheskoy politiki: povest' ob al'ternativnykh paradigmakh", Voprosy Economiki, 6:24.

  42. Capasso, M., Alessi, L., Barigozzi, M. and Fagiolo, G. (2009), "On approximating the distributions of goodness-of-fit test statistics based on the empirical distribution function: The case of unknown parameters", Advances in Complex Systems, 12: 157–167.

  43. Fagiolo, G., Reyes, J. and Schiavo, S. (2009), "The World-Trade Web: Topological Properties, Dynamics, and Evolution", Physical Review E, 79, 036115 (19 pages).

  44. Reyes, J., Schiavo, S. and Fagiolo, G. (2008), "Assessing the evolution of international economic integration using random-walk betweenness centrality: The cases of East Asia and Latin America", Advances in Complex Systems, 11: 685–702.

  45. Fagiolo, G., Napoletano, M. and Roventini, A. (2008), "Are Output Growth-Rate Distributions Fat-Tailed? Some Evidence from OECD Countries", Journal of Applied Econometrics, 23: 639-669.

  46. Dosi, G., Fagiolo, G. and Roventini, A. (2008), "The Microfoundations of Business Cycles: An Evolutionary, Multi-Agent Model", Journal of Evolutionary Economics, 18: 413-432.

  47. Bottazzi, G., Dosi, G., Fagiolo, G. and Secchi, A. (2008), "Sectoral and Geographical Specificities in the Spatial Structure of Economic Activities", Structural Change and Economic Dynamics, 19: 189-202.

  48. Fagiolo, G., Reyes, J. and Schiavo, S. (2008), "On the Topological Properties of the World Trade Web: A Weighted Network Analysis", Physica A, 387: 3868–3873.

  49. Bottazzi, G., Dosi, G., Fagiolo, G. and Secchi, A. (2007), "Modeling Industrial Evolution in Geographical Space", Journal of Economic Geography, 7: 651-672.

  50. Fagiolo, G., Valente, M. and Vriend, N. (2007), "Segregation in Networks", Journal of Economic Behavior and Organization, 64: 316-336.

  51. Dosi, G., Fagiolo, G. and Roventini, A. (2007), "Lumpy investment and endogenous business cycles in an evolutionary multi-agent model", Cybernetics and Systems, 38: 631-666.

  52. Fagiolo, G., Moneta, A. and Windrum, P. (2007), "A Critical Guide to Empirical Validation of Agent-Based Models in Economics: Methodologies, Procedures, and Open Problems", Computational Economics, 30:195-226.

  53. Fagiolo, G. (2007), "Clustering in Complex Directed Networks", Physical Review E, 76: 026107 (8 pages).

  54. Fagiolo, G., Napoletano, M. and Roventini, A. (2007), "How Do Output Growth Rate Distributions Look Like? Some Time-Series Evidence on OECD Countries", European Physical Journal B, 57: 205-211.

  55. Windrum, P., Fagiolo, G. and Moneta, A. (2007), "Empirical Validation of Agent-Based Models: Alternatives and Prospects", Journal of Artificial Societies and Social Simulation, 10, 2, available at: http://jasss.soc.surrey.ac.uk/10/2/8.html .

  56. Fagiolo, G. (2006) "Directed or Undirected? A New Index to Check for Directionality of Relations in Socio-Economic Networks", Economics Bulletin, 3, 34: 1-12.

  57. Fagiolo, G. and Luzzi, A. (2006), "Do Liquidity Constraints Matter in Explaining Firm Size and Growth? Some Preliminary Evidence on the Italian Manufacturing Industry", Industrial and Corporate Change, 15, 1: 1-39.

  58. Dosi, G., Fagiolo, G. and Roventini, A. (2006), "An Evolutionary Model of Endogenous Business Cycles", Computational Economics, 27, 1: 3-34.

  59. Fagiolo, G. (2005), "A Note on Equilibrium Selection in Polya-Urn Coordination Games", Economics Bulletin, 3, 45: 1-14.

  60. Fagiolo, G. and Valente, M. (2005), "Minority Games, Local Interactions, and Endogenous Networks", Computational Economics, 25: 41-57.

  61. Fagiolo, G. (2005), "Endogenous Neighborhood Formation in a Local Coordination Model with Negative Network Externalities", Journal of Economic Dynamics and Control, 29: 297-319.

  62. Fagiolo, G., Marengo, L. and Valente, M. (2004), "Population Learning in a Model with Random Payoff Landscapes and Endogenous Networks", Computational Economics, 24: 383-408.

  63. Fagiolo, G., Marengo, L. and Valente, M. (2004), "Endogenous Networks in Random Population Games", Mathematical Population Studies, 11: 121-147.

  64. Fagiolo, G., Dosi, G. and Gabriele, R. (2004), "Matching, Bargaining, and Wage Setting in an Evolutionary Model of Labor Market and Output Dynamics", Advances in Complex Systems, 14: 237-273.

  65. Fagiolo, G. and Dosi, G. (2003), "Exploitation, Exploration and Innovation in a Model of Endogenous Growth with Locally Interacting Agents", Structural Change and Economic Dynamics, 14: 237-273.

  66. Aversi, R., Dosi, G., Fagiolo, G., Meacci, M. and Olivetti, C. (1999), "Demand Dynamics with Socially Evolving Preferences", Industrial and Corporate Change, 8, 2: 353-408.